People in the UK are living longer and this means that care homes have more of a captive audience. To keep up with rising numbers, over the next 50 years residential and nursing home places would need to expand by 150%.
Colliers International’s H1 2014 Care Homes Review has shown that occupancy in nursing and care homes exceeded 90% H1 2014. In the same time frame, profit margins in the nursing sector remained steady, indicating a stable performance in the asset class.
We look into the numbers behind care home investment in the UK to illustrate the high demand for good quality housing in this sector.
Royal Oak Court is our latest care home investment which provides investors with a rare opportunity to secure an assured 10 year income. Investors will receive 10% NET per annum from a fully managed care home located in an area with a high demand for rooms.
Royal Oak Court is no ordinary care home. This luxury development has been designed to appeal to elderly people who are more accustom to an affluent style of living, enabling the Management Company to achieve high occupancy levels and stronger yields for investors.